UTC+8 ( BJT)

NBS: China Nov manufacturing PMI back to expansion zone


For November, China's Purchasing Managers' Index (PMI) for the country's manufacturing industry returned to the expansion zone, scoring 50.1 after having in contraction for two months, or having recovered 0.9 basis point on month after having slid on month since April, according to the release by the country's National Bureau of Statistics (NBS) on November 30.
"China's manufacturing industry has been back to the expansion zone, illustrating that manufacturers have accelerated production and business activities, and the sentiment improved too," Zhao Qinghe, NBS' senior statistician was quoted analysing in the index, highlighting that "12 of the 21 surveyed industrial sectors have been in expansion, three more


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227